Recognition and Enforcement of Foreign Arbitral Awards in the Republic of Azerbaijan
Article from: TDM 1 (2020), in Eurasia - CIS
Abstract
This paper presents an overview of the proceedings on recognition and enforcement of foreign arbitral awards in Azerbaijan. It starts with a scrutiny of the status quo of international commercial arbitration in Azerbaijan, setting it in the context of the economic development of the country over the last 30 years. This scrutiny is a background for the following analysis of the international treaty framework, national legislation and court practice. Special attention is paid to the elements in the national legislation that deviate from the international best practices. Another ...